The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPCHF M5: Bullish Symmetrical Triangle
Signal strength 1 of 5
GBPCHF M5: Bullish Symmetrical Triangle
According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.2087/1.2101 whereas the upper border goes across 1.2117/1.2101. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPCHF will breach the upper border to head for 1.2116.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade